Jump to content

RRSP Deduction Limit Exceeded


Recommended Posts

I get this warning which prevents me from submitting my return via Netfile, "The RRSP deduction that you are claiming on your federal return exceeds the amount of deduction needed. You can limit this year's RRSP claim to avoid wasting the deduction." I am self employed and did not owe any tax. How do I solve this issue? Myy RRSP limit for 2019 is 65477. My contributions were 500.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Create New...